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Flue-Cured Tobacco Growers in the Southeast and Their Family Members or Representatives Can Get Money in $24 Million Settlement

U.S. Tobacco Cooperative, Inc. ("U.S. Tobacco"), formerly known as Flue-Cured Tobacco Cooperative Stabilization Corporation, has reached a $24 million Settlement to resolve claims made by current and former U.S. Tobacco members over reserve funds.  Tobacco growers across North Carolina, South Carolina, Virginia, Florida, Georgia, and Alabama who were or are members of U.S. Tobacco, as well as their heirs or representatives, are eligible for a payment from the Settlement. The Settlement stems from a lawsuit that claims U.S. Tobacco:accumulated funds over the years through members who may now claim portions of those funds, and no longer served its purpose once the Tobacco Price Support Program ended. 

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PR Newswire
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